Posted on 11/10/2012 5:04:48 AM PST by SeekAndFind
I agree - until the pain is felt across the Nation, and real suffering occurs, nobody will have the gonads to DEMAND a change in course. If sequestration occurs, and all of Zero’s plans for higher taxes, more expensive energy, and despotic control of the People kick in, the despair will set in, then turn to anger, and finally result in the People finding a collective voice. It will be ugly though - Waco and other government atrocities will pale in comparison...
Principled, the democrats have the advantage in the negotiations in that they don’t believe the debt is a serious problem, and most of the public agrees with them. the republicans are trying to solve a problem, the democrats are trying to get political advantage.
my view is the public thinking will change when they see one of the major industrialized countries go into a debt and hyperinflation death spiral.
The usa has over a million dollars per taxpayer in unfunded social security and medicare liabilities.
http://www.usdebtclock.org/
this is not a sustainable situation, and tax increases just postpone reform and make the problem worse.
my thinking is republicans kick the can until one of europe, uk, japan collapses. then use the public focus on unsustainable welfare state to get real reform, because tax increases and fake defence cuts are not enough
Over the cliff and let the recession happen. It was going to happen anyway.
Thanks -
this makes good sense if one has faith in the American people to recognize that a crumbling of another country’s economy is a precursor to our fall.
It will be played as something different. It will be some offensive video that causes Italy to crumble.
Friendly amendment:
Over the cliff and let the recession happen. It WILL happen anyway.
Principled, if the eurozone endgame plays out with a few of the periphery countries leaving and everyone else lives happily ever after, then maybe the Kim Il Sung media in the USA will be able to portray it as unconnected to their excessive debt levels.
But if the entire eurozone goes into a death spiral, including Germany, Holland etc, then even America’s pathetic media will not be able to distract with stories about TomKat or the Kardashians
Amendment noted.
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